The MPEG committee recently promulgated the MPEG AVC (H.264) video coding standard. This is a highly efficient compression standard that makes high quality video services possible over broadband networks. A competing standard developed by Microsoft, VC-1, was promulgated in SMPTE in April 2006. This novel standard is also experiencing significant industry interest. These two standards are expected to form the basis for high quality broadband video services. This book covers these video coding standards as well as issues in broadband video delivery over IP networks. This professional reference is designed for video engineers and professionals in consumer electronics, telecommunications, and media compression. It is also suitable as a secondary text for advanced-level students in computer science and electrical engineering.